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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: KZAP who wrote (50848)2/2/1999 9:57:00 PM
From: QuietWon  Read Replies (1) | Respond to of 119973
 
have to call a gal i know, back in a bit, unless the call gets good



To: KZAP who wrote (50848)2/2/1999 10:40:00 PM
From: QuietWon  Read Replies (1) | Respond to of 119973
 
KZAP, looks ok - good move (all things equal ie. market not tanking)- drop was ~33%, yet EPS expected only ~5-10% lower than expected. P/e, in real time, likely below the 13 quoted by yahoo. I really don;t like distribution co's but this co is:

1) #2 in its field
2) resells hardware - new infrastrucure/upgrades being made often
3) overdone on the sell off - may see a little more over next few days or staying around same price or may come back up a pt to 2; don;t expect much more than that - not a stock i follow, but also think its probably not as resilient as, say, an internet stock

Longer term, personally, i don't like being pure distribution co's unless they have some type of "tie-in" - i don;t have a feel for the tie-in at the moment, but suspect the co is viewed well and has 'tie in'. Short term i'll watch it. Longer term for me, i'd like to focus on other co's.